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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 4 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

Cap-Z-ro


" If you accept that you are a slave, you've made it so."

What is your point ?

Regards...


the_big_m_in_ok

Quote from: Azorus on December 07, 2009, 11:31:16 AM
Just out of curiosity did anyone think to ask the question as to why they are devaluing the dollar?

Here's a possible answer:

http://www.financialsense.com/editorials/vronsky/2009/0403.html

The USA appears to need to print it's way out of the recession.
I'd rather like to return to the topic of this thread.

--Lee
"Truth comes from wisdom and wisdom comes from experience."
--Valdemar Valerian from the Matrix book series

I'm merely a theoretical electronics engineer/technician for now, since I have no extra money for experimentation, but I was a professional electronics/computer technician in the past.
As a result, I have a lot of ideas, but no hard test results to back them up---for now.  That could change if I get a job locally in the Bay Area of California.

Azorus

Just wait till bubbles come back.  That's when you know all hell has broken loss, or when a roll of TP is 50$.

the_big_m_in_ok

Quote from: Azorus on December 08, 2009, 10:22:10 AM
Just wait till bubbles come back.
They're back now.  Some economists recognize that with indicators rising as they are, that would define a bubble(s).  The next *pop* will be extreme, since it's the second in a row.
Quote
  That's when you know all hell has broken loss, or when a roll of TP is 50$.
Social unrest is predicted by one or more think tanks on that one.  Think of what happened to the ancient Roman Empire in the 5th Century after it collapsed.

--Lee
"Truth comes from wisdom and wisdom comes from experience."
--Valdemar Valerian from the Matrix book series

I'm merely a theoretical electronics engineer/technician for now, since I have no extra money for experimentation, but I was a professional electronics/computer technician in the past.
As a result, I have a lot of ideas, but no hard test results to back them up---for now.  That could change if I get a job locally in the Bay Area of California.

Azorus

http://www.pravenue.com/newsletter.asp?article=2239

while i doubt garlic will be a problem in the us, think of this in terms of the housing problem that is just starting to bubble up again.